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"Since opening our doors here in 2000, we've been proud to call Austin a big part of our Texas home. We’re excited and humbled to be able to expand our presence with a state-of-the-art facility"

AUSTIN, Texas--(BUSINESS WIRE)--Today, Charles Schwab officially opened its new, 469,000-square-foot,
50-acre Austin campus at Gracy Farms. The campus, which has two
five-story office buildings, an amenities center and parking garage, is
designed as an open, collaborative and sustainable workspace to support
a modern workplace culture. It will house approximately 1,900 of
Schwab’s Austin employees, with room to accommodate future growth.

Construction of an additional office building and second parking
structure is slated to begin later this summer.

“Since opening our doors here in 2000, we've been proud to call Austin a
big part of our Texas home. We’re excited and humbled to be able to
expand our presence with a state-of-the-art facility,” said Dennis
Howard, Executive Vice President and Chief Information Officer for
Schwab. “We love being a part of the community in Austin. This city
offers a tremendous pool of talent that fits our culture of service and
our ambition to disrupt our industry. We are always looking for people
who are passionate about building a career with meaning and making an
impact on people’s lives, and Austin is a great place to find those
kinds of talented, purpose-driven people.”

Austin will be home to employees within all 15 lines of Schwab’s
business, including its recently announced digital
accelerator program. The positions reflect the diversity of those
roles with new hires in Information Technology, Digital Services,
Retirement Services, Compliance, and Marketing, among others. Schwab has
been investing in its Texas employee base for more than 40 years and has
most recently been named a “2017 Top Workplace” in Austin and Dallas-Ft.
Worth. It was also named as a part of “Best Companies Texas-2018.” The
company is actively hiring talent across the state with 260 open
Texas-based roles including more than 110 openings in Austin.

The new campus incorporates sustainable materials and systems, designed
to meet LEED (Leadership in Energy and Environmental Design) Gold
standard certification. It also features facilities designed to create
an environment that encourages innovation, cross-functional partnerships
and a sense of community. These include:

At Charles Schwab we believe in the power of investing to help
individuals create a better tomorrow. We have a history of challenging
the status quo in our industry, innovating in ways that benefit
investors and the advisors and employers who serve them, and championing
our clients’ goals with passion and integrity.

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 345 offices and 11.1 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.2 million banking accounts, and $3.31 trillion in client assets as of
April 30, 2018. Through its operating subsidiaries, the company provides
a full range of wealth management, securities brokerage, banking, money
management, custody, and financial advisory services to individual
investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

While San Francisco remains Schwab’s corporate headquarters, Austin and Dallas are two of ten geographically important employment centers for the company (three of which are in Texas). Schwab currently has approximately 18,200 employees* nationwide, including nearly 3,100 working in the Lone Star State. (Graphic: Business Wire)